Past Challenges

Since 2006, RBC has empowered Canada’s next generation of business leaders to make their mark through the Next Great Innovator Challenge. We’ve inspired their creativity with these Challenge questions:

Spring 2014: “Build an innovative prototype for a mobile, tablet, web or desktop app that will enable RBC's businesses to use analytics to create a competitive advantage.”

Winter 2014: “Suggest an innovative concept that will enable RBC's businesses to use big data to create a competitive advantage.”

2013: “Build an innovative prototype for a mobile, tablet, web or desktop app that utilizes the power of social to seamlessly integrate banking into the daily lives of our clients.”

2012: “Describe an innovation that will enable a specific RBC business to leverage social networking to deliver either greater results, enhanced client experience or improved productivity.”

2011: “Describe an innovation that will transform how Financial Services organizations help Canadians achieve financial security.”

2010: “Suggest an innovation that will be critical to Canadian Financial Services in 2015.”

2009: “Suggest innovative methods or tactics to transform the workplace to match the needs of an evolving and increasingly diverse workforce.”

2008: “Suggest an Innovative concept, product or process from another region or different industry that Canadian Financial Services providers should adopt.”

2007: “Describe an innovation, idea or concept that Canadian FI’s should consider to make it easier for clients to do business with us.”

1st Place ($10,000):
Evolutico, University of Toronto, Rotman School of Management2nd place ($5,000):
RBC+Initiative, University of Waterloo MBET programRunners up ($3,000):
Return On Lost Sleep, Queens University MBA program
NextBestOffer, University of Toronto, Rotman School of Management
UTEE, University of Toronto

1st Place ($20,000):
Inspirators, University of Waterloo MBET program2nd place ($10,000):
Dream Builders, Queens University MBA programRunners up ($5,000):
Goodes Hall Warriors, Queens University MBA program
Capital Bridge, University of Toronto, Rotman School of Management MBA
ToRC, Queens University MBA program

Year 5 (2010)

1st Place ($20,000):
Team ROKUR AII, University of Waterloo MBET program2nd place ($10,000):
Team Mighty Moguls, University of Waterloo MBET programRunners up ($5,000):
Team Tycoons of Tomorrow, University of Waterloo MBET program
Team FFA (Fortes Fortuna Adiuvat), University of Toronto, Rotman School of Management
Team Rotman 12 AM, University of Toronto, Rotman School of Management

Year 4 (2009)

1st Place ($20,000):
Team 4th Fibonacci, Schulich School of Business2nd place ($10,000):
Team Jelly Beans, Richard Ivey School of BusinessRunners up ($5,000):
Team Midnight Express, Richard Ivey School of Business
Team The Technologists, Richard Ivey School of Business
Team Dragonfly, Richard Ivey School of Business

Year 3 (2008)

1st Place:
Team Omega4, Ted Rogers School of Management, Ryerson University2nd place:
Team Aspire, Schulich School of BusinessRunners up:
Team Derivative Design, Rotman School of Management
Team RICE, University of Waterloo
Team UMATUMA, Rotman School of Management

Year 2 (2007)

1st Place:
Team RUMBA, Ted Rogers School of Management, Ryerson University